JORC courses for the global resources sector
The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (‘the JORC Code') is a professional code of practice that sets minimum standards for public reporting of minerals exploration results, mineral resources and ore reserves. The JORC Code is produced by the Australasian Joint Ore Reserves Committee (‘the JORC Committee'), which has been a vital part of the Australian mining industry since its inception in 1971.
“The JORC Code is fundamental to the way capital markets work in respect to reporting exploration results, mineral resources and ore reserves,” said Colin Moorhead, Technical Director of Merdeka Copper Gold and former President of AusIMM.
“Many of the problems we see in the capital markets (in relation to resources companies) are to do with poor knowledge of or poor implementation of the JORC Code.”
The JORC Code is now widely known in the global mining industry and is often used for reporting on international operations outside Australasia.
As one of the parent bodies of the JORC Code (alongside the Minerals Council of Australia and the Australian Institute of Geoscientists), AusIMM has been committed to the upskilling of resources professionals on this important topic.
In mid-2018, AusIMM launched the Online Professional Certificate in JORC Code Reporting, a six-module online course featuring up to 20 internationally renowned subject matter experts.
The course discusses the importance of the code and its application within the context of the resources industry and clears up some of the misconceptions surrounding its use. Its fully online format provides global resources professionals an opportunity to learn about the Code from anywhere in the world.
“The unique benefit of this course is that it's really reflective of the breadth of the industry. AusIMM has brought together a range of experts and reached out to its professional societies to ensure that the case studies and content really reflect the various challenges, queries and best practice examples from across the global sector,” said Steve Hunt, Chair of JORC.
The Online Professional Certificate in JORC Code Reporting is aimed at geologists, mining engineers and resources professionals responsible for drafting JORC reports. This year, AusIMM has developed a second course called JORC Code Essentials for Mining Company Directors and Officers.
JORC Code Essentials is a three-module course that provides an overview of the Code and focuses on the regulatory obligations that mining company directors face in relation to public reporting.
Both courses are delivered fully online via Cahoot, a highly dynamic educational platform that brings together the best practices of formal education and live delivery. The cloud-based environment provides a wide range of course elements such as live discussions, group networking forums, interactive learning tasks and personal guidance from expert facilitators.
For more information on AusIMM's JORC courses, visit www.ausimm.com/courses.